Is Bedford, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Bedford was a Seller's Market.
Housing Prices in Bedford, NY
How much do homes in Bedford, NY cost?
Median Sold Price
$1,070,000
$406/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Bedford was $1,070,000 in March 2024, up 11.6% from last year, and the median price per square foot was $406.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $325K | $325K | 0.0% |
2 Bedrooms | $540K | $608.5K | +12.7% |
3 Bedrooms | $715K | $805K | +12.6% |
4 Bedrooms | $1.2M | $1.3M | +12.1% |
5+ Bedrooms | $2.5M | $2.2M | -8.5% |
Summary: Bedford housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 12.7%, 3 bedroom homes increased by 12.6%, 4 bedroom homes increased by 12.1%, and 5+ bedroom homes decreased by 8.5%.
Median Sold Price Compared To Nearby Cities
Bedford | $958.5K | $1.0M | +11.6% |
Bedford Hills | $625K | $662.5K | +6.0% |
Mount Kisco | $660K | $690K | +4.5% |
New Castle | $1.1M | $1.1M | 0.4% |
Katonah | $927.5K | $872.8K | -5.9% |
Housing Supply in Bedford, NY
How many homes are available in Bedford, NY?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
54 | 63 | +16.7% |
Summary: The Bedford real estate market had 63 homes for sale in March 2024, a 16.7% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 6 | 6 | 0.0% |
3 Bedrooms | 7 | 8 | +14.3% |
4 Bedrooms | 21 | 23 | +9.5% |
5+ Bedrooms | 20 | 25 | +25.0% |
Summary: The Bedford housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 14.3%, 4 bedroom homes increased by 9.5%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
5 | 9 | +80.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 9 homes were sold or pending in Bedford in March 2024, up by 80.0% month-over-month. Of the 9 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for Bedford, NY
How long does it take to sell a home in Bedford, NY?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
56 Days | 106 Days | +87.4% |
Summary: Homes in Bedford had an average of 106 days on market in Mar 2024, up by 87.4% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During March 2024, 9 homes were sold in Bedford; 33% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 56% of homes were sold over 90 days.